Monthly Indirect Tax updates – Feb 2023

PwC Australia briefly explains the Indirect tax updates on the below points:

• New residential unit was not an input taxed supply
• Single or multiple supply and calculating the margin
• No input tax credits under retail credit arrangement
• Draft GST determinations on the waiver of requirement to provide tax invoice
• ATO compliance approach for GST and tertiary residential colleges

Source – PwC – Monthly Tax updates Feb 2023